Florida’s Flood Insurance Reforms are Approved by DeSantis
Governor Ron DeSantis of Florida has approved a legal reform bill that intends to decrease frivolous lawsuits against businesses and insurance companies.
Governor Ron DeSantis of Florida has approved a legal reform bill that intends to decrease frivolous lawsuits against businesses and insurance companies.
In an effort to reduce costs amidst a bleak economic outlook, Accenture, the Irish-American professional services company, plans to cut 2.5% of its workforce, which amounts to approximately 19,000 jobs worldwide, over the next 18 months.
Munich Re Life US and insurtech Paperless Solutions Group (PSG) have teamed up to introduce a new risk assessment and e-application solution, which promises faster and more accurate underwriting for life insurance carriers.
The world’s biggest insurance market reports pre-tax deficit of £769m for 2022 after profit of £2.3bn in 2021
Chubb has introduced new underwriting standards for oil and gas extraction projects, emphasising the reduction of methane emissions, which are some of the most significant greenhouse gases generated by the industry.
A new report on digital transformation in the Life insurance industry has stated that ‘digital evolution’ is essential if the industry is to keep up with global innovations.
Kin, the direct-to-consumer home insurance company built for every new normal®, today announced that it conducted a third close, an incremental $15 million, to its Series D round in the fourth quarter of 2022.
Global reinsurer Swiss Re has reported that insured losses resulting from natural and man-made catastrophes in 2022 totalled $132 billion with economic losses surpassing double this amount at $284 billion.
Investment in the start up space might well have slowed down, but insurtech unicorns are still a serious force to be reckoned with. We take a look at 12 US insurtech unicorns that are leading the disruption.
Gravie, a provider of employer health benefits, has secured a $179 million equity investment led by General Atlantic, a growth equity investor. FirstMark Capital and AXA Venture Partners, Gravie’s existing investors, are also participating in the funding round.
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